Is "POS PURCH - Oculus 5945 CA Oculus US" fraud?

Written by Lily Tran

June 18th, 2024

Medium Risk

What is "POS PURCH - Oculus 5945 CA Oculus US"?

Oculus, a company specializing in virtual reality hardware and software, has been in business since its founding in 2012. The company produces and sells a range of virtual reality headsets, including the Oculus Rift and Oculus Quest series. In addition to hardware, Oculus offers a variety of software products and applications that support gaming, entertainment, and other immersive experiences. The company was acquired by Facebook in 2014, and it continues to operate as a subsidiary under Meta Platforms, Inc.

POS PURCH: Point of Sale Purchase

Oculus: Merchant name

5945: Merchant Category Code (MCC) for retailers of Non-Durable Goods

CA: California (location of transaction)

Oculus US: United States as the country for the merchant

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.